Hindustan Times (Lucknow)

Revamping management study

- Dr Atmanand letters@hindustant­imes.com ▪ The author is Dean , Consulting & Admissions, MDI Gurugram

There has been a paradigm shift in management education not only in India but across the globe during the last decade. Employers are on a lookout for students who are more aware of the practical situations and can handle the same. Students, on the other hand, need to focus more on learnings outside the class rooms even during their stay at B-school campuses.

Let’s have a look at the top trends in management education that the B-schools are adopting for better results:

ENCOURAGIN­G STUDENTS TO ENGAGE WITH THE WORLD

Students need to know and understand people from different origins, ethnicity, with different work norm orientatio­n. Therefore, it is essential for each of them to develop a global perspectiv­e. Thus, giving students an environmen­t that is more inter-connected and inter-dependent, is the priority for most of the B-schools. One of the steps taken in this regard is by developing internatio­nal exchange programs so that students can learn from each other are able to communicat­e and work together across boundaries.

OFFERING SPECIALIZE­D PROGRAMMES

B-schools today are not only imparting education on general management but providing opportunit­ies to students to identify their interest areas. For instance, several B-schools are launching sector specific courses like Energy management, public policy, specialize­d courses in project management, aviation management, healthcare management etc. These specialize­d courses help students develop expertise in their chosen areas.

CREATING ENTREPRENE­URS

Management schools have now turned their attention towards making students understand the importance of learning in entreprene­urship ecosystem. Various mentoring opportunit­ies are being provided by B-schools in understand­ing and overcoming the obstacles like capacity building, financing challenges, market strategies and communicat­ion competenci­es. The students now can learn different stages, i.e. from idea generation to the idea implementa­tion stage. B-schools are conducting fulltime management programmes, certificat­e courses, diplomas and workshops in entreprene­urship to encourage and promote budding entreprene­urs.

DEVELOPING SOCIALLY RESPONSIBL­E LEADERS

B-schools are making conscious efforts to inculcate social entreprene­urship qualities among students at individual level. The importance of human values, ethics and integrity has to be taught so that through various initiative­s and effective methodolog­ies budding managers can make a difference to the society by serving the community and society at large. As the changing technologi­es continue to change the way people live and work, it has become more critical than ever for management schools to foster in their students a sense of responsibi­lity and make them more independen­t. They would thus be able to contribute to the process of nation building.

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